ND Legal
Online Lawyer for Australian individuals, entrepreneurs and small business owners assisting with private and business legal matters and disputes.
It's called a make good clause.
It's buried near the back of every commercial lease, and almost no one reads it before they sign.
I've watched it crush businesses that were otherwise doing fine.
The lease ends, the cash isn't there, and the personal guarantee kicks in.
Suddenly it's not just the business on the line. It's the house.
Before you sign your next lease, or renew the one you're in, let me read it first.
Fixed fee.
Plain English.
You'll know exactly what you've agreed to.
Link in bio, or DM me the word LEASE.
If you ever plan to sell your business, your commercial lease is one of the most important documents in the transaction.
A buyer isn't just buying your goodwill, your equipment, your client list. They're taking over your premises. And that means they need to take over your lease.
The ability to assign a lease β to transfer it to a buyer β depends entirely on what your lease says and whether your landlord consents.
Some leases make assignment straightforward. Others make it practically impossible. Some give the landlord the right to withhold consent on almost any grounds.
If your exit strategy ever involves selling the business, the assignment clause in your lease matters now β not when you're ready to sell.
π© Send us your lease and we'll come back to you with a quote within 24 hours.
Link in bio.
25/05/2026
Business owners budget for rent.
They often don't budget for outgoings β because no one told them outgoings were a separate cost.
In a net lease, outgoings can add 10β30% on top of your base rent.
Council rates, building insurance, management fees, maintenance β it adds up quickly and it goes up every year.
Swipe through to understand what you're actually agreeing to pay β before you sign.
π© Send us your lease and we'll come back to you with a quote within 24 hours.
Link in bio.
There are three common types of rent review clauses in Australian commercial leases.
Fixed percentage β rent increases by an agreed percentage each year. Predictable. Budgetable. The most tenant-friendly option.
CPI β rent increases in line with the Consumer Price Index. Variable, but tied to a published figure. Still manageable.
Market review β rent is reset to whatever the current market rate is at the time of review. No cap. No ceiling. The landlord commissions a valuation, and your rent can jump significantly with limited ability to challenge it.
Most tenants don't know which one is in their lease until the review lands.
Check your lease now. Find the rent review clause. Understand what it says. If it's a market review and your renewal is coming up, it's worth getting advice on how to respond.
π© Send us your lease and we'll come back to you with a quote within 24 hours.
Link in bio.
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Perth, WA
6000